Economic Times Tech
7/20/2026
UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materials
Short summary
British startup CuspAI raised $450 million from investors including the UK government and Jeff Bezos to advance AI-driven materials discovery. The company launched the AI Materials Foundry, a coalition of over 45 firms including Nvidia and Meta. The platform targets breakthroughs in semiconductors and clean energy materials.
- •CuspAI raised $450M with backing from UK government and Jeff Bezos
- •Launched AI Materials Foundry coalition of 45+ firms including Nvidia and Meta
- •Platform targets semiconductor and clean energy materials discovery
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